Certainty in an uncertain market.
Choose a term, lock in a fixed-rate CD, and earn predictable returns. Terms 3–60 months. $500 minimum.1
A simple, secure way to grow your money.
LMCU Certificates of Deposit lock in your rate for the full term. You know exactly what you’ll earn and when. Zero guesswork. Just the kind of certainty that’s hard to find these days.
Already a Member? Open up your CD within Online Banking.
Guaranteed returns
Fixed returns. Locked in, NCUA-insured, and yours to count on from day one.
Flexible terms
Choose from terms as short as 3 months or as long as 60. Your timeline, your call.
Secure savings
A low-risk way to grow savings predictably. Federally insured by the NCUA up to $250,000.
Plan your savings strategy
CDs work best when they fit into a broader savings plan. Use a certificate of deposit to lock in a rate on funds you won’t need for a set period, while keeping other accounts accessible for life’s surprises. A little planning now. A lot of certainty later. That’s the LMCU way.
Members can open a CD in online banking here. Not a member yet? Become one in minutes by opening a savings account with a $5 deposit. Stop into a branch or schedule an appointment to get more information. Find an LMCU branch.
CD rates vary by term length. Longer terms generally earn higher rates. View the full rate table at lmcu.org/rates to compare current APY and certificate of deposit rates across all terms.
A CD ladder is a strategy where you split savings across multiple CDs with staggered maturity dates. As each CD matures, you can reinvest or access funds. It’s a smart way to earn fixed rates while keeping some liquidity built into your savings plan.
CD Interest Calculator
See how much your deposit can grow. Enter your amount, choose a term, and let the numbers do the work.
Learn More About CDs
Common questions about certificates of deposit, terms, rates, and what happens at maturity.
A CD is a fixed-term savings product that pays a guaranteed interest rate for a set period. You deposit funds, choose your term, and earn interest until maturity. LMCU offers credit union CD rates across terms from 3 to 60 months with a $500 minimum opening balance.
Early withdrawals from a CD may be subject to a significant interest penalty. That’s why it’s worth choosing a term that genuinely fits your life — a CD works best when you can let it do its thing.
Yes. Your rate is locked in for the entire term, so your earnings won’t change regardless of what happens to market rates during that period.
Savings accounts keep your funds accessible at any time. CDs require you to commit funds for a set term in exchange for a fixed, typically higher rate. If you have money you don’t expect to need for a while, a certificate of deposit can put it to work more effectively.
Interest is paid according to the terms of your CD and is available at maturity unless otherwise specified. Check your specific CD terms for details.
When your CD matures, you have options. You can withdraw your funds, roll over into a new CD, or transfer your balance to another account. LMCU will notify you ahead of maturity so you can plan your next move.
Yes. LMCU offers IRA and HSA CDs alongside standard CD terms. These can be a smart fit for members looking to pair the predictability of a fixed-rate CD with the tax advantages of an IRA or HSA account.
LMCU offers competitive certificate of deposit rates for members in Michigan and Florida. View current rates at lmcu.org/rates. Existing members can open a CD directly in online banking. You can also stop into any branch or schedule an appointment.
We offer CD rate specials to show you the best CD rate for various term lengths. LMCU also offers added rewards and perks for members who bundle products and become VIPs to earn more. Visit the CD rates page to learn more about CD rates and rewards perks.
Why save with LMCU? Sometimes our members say it best.
See what people are saying about Lake Michigan Credit Union.
One membership. A lot of possibilities.
Disclosures
Rates as of 9/11/2026 and subject to change. Minimum balance to open a CD is $500. A penalty may be charged for earlier withdrawal of a fixed term certificate or IRA. Fees may reduce earnings. $5 membership required. CD rates include .25% MORE VIP Relationship Reward Bonus.
All featured LMCU members were compensated for their time.
